EU trade chief calls on China to engage in fair global trade

In his first visit to China since becoming the European Union Trade Commissioner, Peter Mandelson called for China to adopt a responsible approach to global trade, urging the Chinese not to dump cheap textiles in the world market when the textile quota regime ends January 2005. China owned 28% of the worldwide textile market in 2003 and is expected to capture 50% of the market after the quota restriction expires. Separately, Mandelson said in a speech in Beijing that the EU is prepared to move ahead in lifting the arms embargo against China.